Rep. Pete Sessions

Maddy summaryThe PBM Reform Act of 2025 aims to increase transparency and fairness in pharmacy benefit manager (PBM) operations within Medicare Part D and Medicaid programs. The bill requires Medicare Part D plans to allow any pharmacy meeting standard terms to join their networks, establishes "essential retail pharmacies" in underserved areas (with limited pharmacy access), and mandates detailed reporting on drug pricing, rebates, and reimbursement rates. It creates a process for pharmacies to report PBM violations of reasonable contract terms and prohibits "spread pricing" in Medicaid, where PBMs retain the difference between what they pay pharmacies and what they charge plans. These provisions aim to improve pharmacy access for Medicare beneficiaries and ensure fairer reimbursement practices for pharmacies.

Maddy summaryThis bill requires online contact lens sellers to provide a secure electronic method for customers to transmit their contact lens prescriptions, directly affecting online retailers. It mandates that such electronic transmissions comply with HIPAA privacy rules and that any protected health information sent via email must be encrypted. The law updates existing rules to modernize prescription verification for online sales while maintaining privacy protections.

Maddy summaryThis bill retroactively applies the Indian Reorganization Act (IRA) to the Poarch Band of Creek Indians as of June 18, 1934, clarifying their federal jurisdiction status under existing law. It directly affects the Poarch Band by confirming all lands previously taken into trust by the U.S. for their benefit as valid trust lands. The key provision reaffirms the Secretary of the Interior's past actions in placing these lands into trust under the IRA, making those decisions legally final. This provides legal clarity for the tribe's land holdings and governance under federal law.

Maddy summaryHR 4148 disapproves a Department of Labor regulation (88 Fed. Reg. 57526) that would have updated wage requirements under the Davis-Bacon Act for federal construction projects. The bill states this regulation "shall have no force or effect," preventing federal contractors from being subject to the proposed changes. This is a procedural measure targeting a specific regulatory update, directly affecting contractors working on federally funded construction projects.

Maddy summaryHR 4092, the Protect RAIL Act, amends U.S. immigration law to make certain crimes involving stolen goods transported by carriers (like trains, trucks, or ships) grounds for denying entry or deporting non-citizens. It adds new inadmissibility and deportability provisions for anyone convicted of theft from interstate or foreign shipments under Title 18, Section 659 of the U.S. Code. The bill directly affects non-citizens who commit these specific theft offenses, making them ineligible to enter the U.S. or subject to removal. This changes immigration consequences for existing criminal offenses, not the crimes themselves.

Maddy summaryThis bill amends the definition of "accredited investor" under securities law to expand eligibility for certain investment opportunities. It creates new categories for qualified professionals, including licensed brokers or investment advisers in good standing, and individuals with verified expertise in specific investments. The bill also updates the net worth threshold to $1 million (adjusted for inflation every 5 years) while excluding primary residences from asset calculations. This directly affects individual investors seeking to qualify for private investment offerings under current securities regulations. The changes require the Securities and Exchange Commission to revise related rules within 180 days of enactment.

Maddy summaryHR 3381, the Encouraging Public Offerings Act of 2025, allows any company planning an initial public offering (IPO), follow-on offering, or initial securities listing to confidentially submit draft registration statements to the Securities and Exchange Commission (SEC) for staff review before public filing. The bill removes the previous restriction that limited this confidential review process to "emerging growth companies" and expands it to all issuers. Companies must publicly file the draft and any amendments within specific deadlines: 10 days before an IPO's effective date, 10 days before a securities listing, or 48 hours before a follow-on offering's effective date. This change directly affects businesses preparing to go public by providing a more flexible pre-filing review process.

Maddy summaryHR 1713, the Agricultural Risk Review Act of 2025, requires the Secretary of Agriculture to join the Committee on Foreign Investment in the U.S. (CFIUS) when reviewing transactions involving U.S. agricultural land, biotechnology, or agriculture-related infrastructure (like transportation or processing). It specifically targets acquisitions of agricultural land by foreign entities from China, North Korea, Russia, or Iran, mandating that the Secretary of Agriculture first assesses these transactions before CFIUS decides whether to proceed with a full review. The law includes a sunset provision, ending these requirements for a specific country once it is removed from the federal list of foreign adversaries.

Maddy summaryThis bill prohibits transplant centers and healthcare providers from denying organ transplants or related services solely based on a patient's disability. It requires covered entities to make reasonable modifications to policies (like considering a patient's support network or using communication aids) and to avoid denying care due to lack of auxiliary aids. The law applies to all transplant stages - including evaluation, listing, and post-transplant care - and explicitly states it complements, rather than replaces, existing disability rights laws like the ADA. It allows medical considerations only if a physician determines a disability is medically significant to the transplant, after individual evaluation.

Maddy summaryThis bill amends the Securities Exchange Act of 1934 to expand eligibility for certain capital access provisions. It directly affects rural-area small businesses by adding them to existing categories that qualify for streamlined capital-raising mechanisms previously limited to women-owned small businesses. The key change inserts "rural-area small businesses" into two specific sections of the law (paragraphs 4(j)(4)(C) and 4(j)(6)(B)(iii)), updating the rules for who can access these capital channels. This provides a concrete policy change by formally including rural small businesses in current regulatory frameworks designed to help small business owners raise capital. The bill does not create new funding programs but adjusts existing eligibility criteria under federal securities law.